News for 'Global Financial Integrity'

Rajan heads back to Chicago Booth School, to teach global corp finance

Rajan heads back to Chicago Booth School, to teach global corp finance

Rediff.com18 Sep 2016

Giving details of Rajan's 'course schedule' for 2016-17, Chicago Booth School said this course will explore the challenges of corporate finance and investment in a more integrated global economy.

Top 10 Skills To Succeed At Work

Top 10 Skills To Succeed At Work

Rediff.com26 Mar 2024

Digital literacy is emerging as the professional language of 2024. It is the ability to process complex data sets, deploy critical communication technologies appropriately and validate your importance at your workplace, explains Jagdeep Kochar, managing director, Baker & Taylor India.

Growth and margin uptick critical for gains in Divi's Laboratories

Growth and margin uptick critical for gains in Divi's Laboratories

Rediff.com17 Nov 2023

Rise in input costs, inventory write-off, and pricing pressures led to a drop in gross margins. Higher competitive pressures led to cuts in operating profit margins and earnings estimates for FY24 and FY25. Most brokerages have a 'neutral' or a 'reduce' rating on the stock on account of valuations.

FinMin declines to share details on black money probe

FinMin declines to share details on black money probe

Rediff.com9 Dec 2014

Citing national security and confidentiality clauses, the Finance Ministry has declined to disclose information on exchange of correspondence among India, Swiss and German authorities in connection with the black money probe.

NGO Centre for Policy Research barred from receiving foreign funds

NGO Centre for Policy Research barred from receiving foreign funds

Rediff.com1 Mar 2023

The ministry of home affairs has suspended the Foreign Contribution Regulation Act (FCRA) licence of prominent public think-tank Centre for Policy Research (CPR) over violation of laws, officials said on Thursday.

Will make Maldives free of foreign military presence: New Prez Muizzu

Will make Maldives free of foreign military presence: New Prez Muizzu

Rediff.com17 Nov 2023

Vouching for preserving its independence and sovereignty, Muizzu made a firm commitment to ensure that the Maldives remains "free of any foreign military presence."

'Changes in Benami Act will block black money in realty'

'Changes in Benami Act will block black money in realty'

Rediff.com13 Mar 2015

The Budget has proposed a Benami Transactions (Prohibition) Bill.

How AI Will Revolutionise Workplaces

How AI Will Revolutionise Workplaces

Rediff.com21 Dec 2023

'Even for operational buildings, we are looking to smarten them in various ways.'

Global 5G players brace for Reliance Jio challenge

Global 5G players brace for Reliance Jio challenge

Rediff.com23 Jul 2020

Reliance is leveraging the technological change of building a virtualised 5G network which would see the current hardware-dependent networks shift to software-centric platforms.

NSE and BSE IFSC units may file for merger by September end

NSE and BSE IFSC units may file for merger by September end

Rediff.com14 Sep 2023

The proposal to merge the Gujarat International Finance Tec-City (GIFT City) units of the National Stock Exchange (NSE) and BSE has reached an advanced stage, and both bourses could file an application before the National Company Law Tribunal as early as this month, according to a top regulatory official. Sources indicate that the merger proposal has received approval from their respective boards. Both the NSE and BSE are arch rivals when it comes to onshore trading.

Is YOUR Job SAFE?

Is YOUR Job SAFE?

Rediff.com7 Aug 2023

How do you avoid being laid off? If you have been let go, what should you do next? Ask rediff Career Gurus to find out.

'SIP Inflows Remained Robust'

'SIP Inflows Remained Robust'

Rediff.com28 Mar 2023

'Although mid- and small-cap funds have the potential for higher growth, they come with inherent higher volatility.'

Modi's 'GIFT' can rival Mumbai

Modi's 'GIFT' can rival Mumbai

Rediff.com28 Jun 2007

Call this Ahmedabad's reply to Mumbai or Gujarat Chief Minister Narendra Modi's repartee to his Maharashtrian counterpart Vilasrao Deshmukh's promise of a global financial hub.

Vedanta's record dividend to parent strains company's balance sheet

Vedanta's record dividend to parent strains company's balance sheet

Rediff.com15 May 2023

Vedanta Limited (Vedanta) helping its parent and group holding company Vedanta Resources to deleverage its balance sheet has started to strain its balance sheet. Vedanta's gross debt (consolidated) was up 24.3 per cent year-on-year (YoY) in FY23 and reached a six-year high of Rs 66,628 crore by the end of March. Similarly, its net debt went up 20.3 per cent YoY to Rs 45,706 crore at the end of FY23, up from Rs 38,228 crore a year ago; it was the highest since FY20.

Who Fared Better On Economy? Modi Or Manmohan

Who Fared Better On Economy? Modi Or Manmohan

Rediff.com15 Feb 2024

Whether it was the MGNREGS or the NFSA or the Aadhaar-based DBT scheme for cash transfer, the Modi government has built on the basic architecture created by the Singh government. Policy makers in the Modi government, instead of discarding them as products of the previous political regime, worked on them, expanded their scope and reach, and used new tools to improve their performance, explains A K Bhattacharya.

RBI Governor Wants Bankers To Be Like Dravid

RBI Governor Wants Bankers To Be Like Dravid

Rediff.com20 Nov 2023

The governor made it clear that the RBI is aware of what's happening and acts accordingly, but doesn't make a noise about that, points out Tamal Bandyopadhyay.

Huge win for India as G20 adopts New Delhi declaration

Huge win for India as G20 adopts New Delhi declaration

Rediff.com9 Sep 2023

"Have just got the good news that due to the hard work of our teams and your cooperation, a consensus has been reached on New Delhi G20 Leaders Summit Declaration," Modi said while addressing the second session of the Summit at the Bharat Mandapam in New Delhi.

FTX Failure: Lessons To Be Learnt

FTX Failure: Lessons To Be Learnt

Rediff.com16 Dec 2022

Damage from new shenanigans can be contained if regulators move quickly when something does not smell right, counsels Debashis Basu.

India-US joint statement puts trade at heart of enhanced ties

India-US joint statement puts trade at heart of enhanced ties

Rediff.com23 Jun 2023

India and the US on Thursday said they are looking forward to the reconvening of the India-US Trade Policy Forum later this year to further enhance trade relationship and identify new areas for engagement.

Top 5 family-owned biz groups see a mixed Q1; net profits up 13.9%

Top 5 family-owned biz groups see a mixed Q1; net profits up 13.9%

Rediff.com1 Sep 2023

April-June 2023 (Q1FY24) was a mixed quarter for India's top family-owned business groups. Three of the big five in terms of revenue reported a year-on-year (Y-o-Y) decline in combined net sales and two saw a Y-o-Y fall in net profits. Combined net sales of all listed companies in the five groups were up just 2.2 per cent Y-o-Y at Rs 6.6 trillion in the quarter, down sharply from the 10.3 per cent in the March 2023 quarter (Q4FY23) and 42.8 per cent in Q1FY23.

'We are the first firm to make global delivery'

'We are the first firm to make global delivery'

Rediff.com1 Jun 2010

Steve Cardell, CEO of HCL Axon, spoke to Pallavi Aiyar about why, despite the reservations many analysts had, the move appears to have paid off for both entities.

Fitch affirms India's sovereign rating on robust growth outlook, flags weak finances

Fitch affirms India's sovereign rating on robust growth outlook, flags weak finances

Rediff.com9 May 2023

Fitch on Tuesday affirmed India's sovereign rating at 'BBB-' with a stable outlook, on robust growth and resilient external finances, but said weak public finances remain a challenge. India's rating has been unchanged at 'BBB-', which is the lowest investment grade, since August 2006. "Fitch Ratings has affirmed India's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB-' with a Stable Outlook," it said in a statement, adding strong growth potential is a key supporting factor for the sovereign rating.

Ajay Banga will be a 'transformative leader': Biden

Ajay Banga will be a 'transformative leader': Biden

Rediff.com5 May 2023

Ajay Banga will be a 'transformative leader', who will bring expertise, experience, and innovation to the position of World Bank President, United States President Joe Biden has said after the top Indian-American business executive was confirmed as the new head of the international lender.

Corporates shouldn't turn speculators

Corporates shouldn't turn speculators

Rediff.com17 Sep 2008

The rupee has given the economy a roller coaster ride for nearly two years now, relegating the stability of 2006 to a distant dream.

India warns of terror groups in Africa controlling political agenda

India warns of terror groups in Africa controlling political agenda

Rediff.com6 Oct 2022

Muraleedharan said that terrorist groups such as Al-Shabaab have put in place elaborate revenue collection networks, to support their terrorist activities.

How India Can Overtake China

How India Can Overtake China

Rediff.com24 Feb 2023

India must integrate more with East Asia by getting into regional trade arrangements, lower its tariff walls, and improve the quality of its workforce, suggests T N Ninan.

HUL appoints Rohit Jawa as new MD & CEO

HUL appoints Rohit Jawa as new MD & CEO

Rediff.com11 Mar 2023

FMCG major HUL on Friday announced the appointment of Rohit Jawa as the managing director & chief executive officer to succeed Sanjiv Mehta who will retire from the company after leading it for a decade. Jawa, presently the Chief of Transformation for Unilever, would take over the leadership role for a term of five consecutive years with effect from June 27, 2023, the company said in a statement. "The appointment of Rohit Jawa as a whole-time director and MD & CEO will be subject to approval of Shareholders and other statutory approvals as may be applicable," it added.

'Which country is now standing tall in BRICS? It's India'

'Which country is now standing tall in BRICS? It's India'

Rediff.com23 Aug 2023

'India has the potential to do a lot more to take advantage of the time today where we stand to gain, geopolitically and in terms of market attractiveness.'

Exports record flat growth; trade deficit widens in Nov

Exports record flat growth; trade deficit widens in Nov

Rediff.com15 Dec 2022

India's exports recorded a flat growth of 0.59 per cent to $31.99 billion in November, even as trade deficit widened to $23.89 billion during the month, according to the data released by the government on Thursday. Exports stood at $31.8 billion in November last year. Imports rose by 5.37 per cent to $55.88 billion in November as compared to $53.03 billion in the corresponding month a year ago, the data showed. During April-November 2022, exports rose by 11 per cent to $295.26 billion as against $265.77 billion in the same month last year.

Will Apple Do in India What Samsung Did In Vietnam?

Will Apple Do in India What Samsung Did In Vietnam?

Rediff.com31 May 2023

Apple is hoping to assemble in India 25 per cent of all iPhones produced globally to reduce its heavy dependence on China.

Diageo's executive panel to take stock of USL integration

Diageo's executive panel to take stock of USL integration

Rediff.com24 Aug 2014

United Spirits had earlier forked out a loan of as much as Rs 1,350 crore to UB Holdings.

Protect international cricket: MCC calls for urgent intervention

Protect international cricket: MCC calls for urgent intervention

Rediff.com10 Mar 2023

With franchise cricket taking over a major part of the calender, MCC called for urgent intervention to save international cricket.

FY24 earnings makeover: IndianOil to MRF, companies rewrite profit playbook

FY24 earnings makeover: IndianOil to MRF, companies rewrite profit playbook

Rediff.com6 Dec 2023

The headline for corporate profit growth has been very encouraging in the July-September quarter (Q2) of 2023-24 (FY24), with the combined net profit of listed companies up by 38 per cent year-on-year. However, the earnings distribution has been very lopsided, with most of the growth coming from public-sector oil-marketing companies (OMCs), banks, non-bank lenders, automobile (auto) companies, and cement producers. By comparison, companies from information technology services, fast-moving consumer goods (FMCG), retail, and consumer durables were disappointed, experiencing a sharp slowdown in net sales growth and a relatively muted increase in reported net profit.

Mauritius-routed global investment into India dips

Mauritius-routed global investment into India dips

Rediff.com12 Nov 2013

Amid tax treaty uncertainties, India's share of the number of investments made by global companies through Mauritius has almost halved in the past two years even as Africa's share has surged significantly.

BYJU'S named a sponsor of Qatar World Cup

BYJU'S named a sponsor of Qatar World Cup

Rediff.com24 Mar 2022

2022 Qatar World Cup is BYJU'S first major move into soccer.

Isha, Akash, Anant Ambani appointed to Reliance board

Isha, Akash, Anant Ambani appointed to Reliance board

Rediff.com28 Aug 2023

Billionaire Mukesh Ambani's children -- Isha, Akash and Anant -- on Monday were appointed on the board of his energy-to-technology conglomerate Reliance Industries Ltd, in what is seen as a clear path of succession planning at India's most valuable company.

How time and again India managed to come out of financial crisis

How time and again India managed to come out of financial crisis

Rediff.com19 Sep 2015

Though Narendra Modi doesn't know it, he is a victim of this deep-rooted infection.

Singapore Airlines to get 25.1% stake in enlarged Air India group

Singapore Airlines to get 25.1% stake in enlarged Air India group

Rediff.com28 Feb 2023

Singapore Airlines' deal with Tata Sons (Tata) will inject a further SGD 360 million ($267 million) into Air India. It will give SIA a 25.1 per cent stake in the enlarged Air India group following its takeover by Tata and merger with Vistara Airlines. The November 2022 deal between Singapore Airlines and Tata Sons to further inject $267 million into Air India is one of the key strategic initiatives for future growth mentioned in the quarterly financial report. This agreement is still subject to regulatory approval. SIA in the statement said, "The merged entity will be four to five times larger in scale compared to Vistara, with a strong presence in all key airline segments in India.

Why There Is Job Attrition Among Women

Why There Is Job Attrition Among Women

Rediff.com11 Jul 2023

'The end of WFH has made achieving work-life integration more challenging for women.'

Covid-19 may trigger third wave of outsourcing for Indian IT industry

Covid-19 may trigger third wave of outsourcing for Indian IT industry

Rediff.com1 Sep 2020

A Goldman Sachs report said, in the past also, major crisis have led to a sharp increase in outsourcing and even offshoring particularly to India , thanks to lower wages for technology developers as compared to developed economies, and an increasing annual base of engineering graduates.